S.A.F.C. - the future

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Was speaking to a friend last night and we got on about the takeover, he said that he was speaking to his sons footy manager who is also a youth coach at Sunderland. He said that staff have been told everything is done and their jobs are safe. He didn’t go into much detail about it as he’s not a Sunderland supporter but just like what’s been said on here it sounds like the club are operating under the new ownership as we speak.
 
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ChunkFTM said:
Was speaking to a friend last night and we got on about the takeover, he said that he was speaking to his sons footy manager who is also a youth coach at Sunderland. He said that staff have been told everything is done and their jobs are safe. He didn’t go into much detail about it as he’s not a Sunderland supporter but just like what’s been said on here it sounds like the club are operating under the new ownership as we speak.
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I want to believe this so I am.
 
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This is an interesting one if Blackpool get a fee seeing we released him a few months ago...

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Well if seems to me, that the decisions which gave been taken for a good while now indicate obviously new input.

It's not just a lack of money that would have stopped those two from making these changes and signings. They wouldn't have had the wit to do it either. Clearly a new course has been set, and it won't have been set by the old navigators.

Announce it whenever for me like, it doesn't matter.
 
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rowley said:
Well if seems to me, that the decisions which gave been taken for a good while now indicate obviously new input.

It's not just a lack of money that would have stopped those two from making these changes and signings. They wouldn't have had the wit to do it either. Clearly a new course has been set, and it won't have been set by the old navigators.

Announce it whenever for me like, it doesn't matter.
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Certainly looks done and dusted.
It'll just be nice to see confirmation
 
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Smug in Boots said:
It's not a bad theory but, in reality, the amount needed to run the club per annum is probably covered by his interest.



The apparatus for the new regime has been put into place and Louis-Dreyfus could actually be at the club now if he chose. There's nothing the EFL could do if he turned up, sat down in the chairman's office and started issuing press statements.

However its much more professional for things to be totally ratified, which it will be, before that happens.

We've had enough 'wing and a prayer' times with the current clowns, this needs to be done by the book. The club has been a shambles for too long and Louis-Dreyfus seems to realise the entire culture has to change.

It's not just the playing staff, it's the entire club and corners can no longer be cut despite the extra effort that entails.

The wait is frustrating but, if we're ever to shake off the 'holiday camp' atmosphere we have to grit our teeth and make sure everything is done properly. That's the only way we'll attract people with ambition instead of the half-arsed mercenaries we've suffered for too many years.
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It is so very Sunderland to get n new owner coming in at a time when the fans aren't even supposed to leave their home, never mind being allowed inside the stadium!

It has been evident for a while that we are under a more competent helm, rather than a complete helmet.

I'm desperately awaiting the takeover being sealed to officially mark the change and give us all an opportunity to celebrate.
 
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Oldsandy said:
Has KLDs trust fund been released to him entirely, or is it still controlled by someone else? If he still has to gain approval from a fund administrator before spending large amounts of money this may put doubts into the minds of the EFL as to him being able to support the club through any future financial difficulties, therefore the other owners would have to shoulder the burden. Thus the need for them having to give guarantees. Just my own speculation, though I’m probably way off target as usual!
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I’ve no idea how his fund is working for him but as an example, trust funds are usually administered by a trustee who will be responsible for the management & safeguarding of whatever the fund is made up of i.e. cash stocks bonds etc. It should be making money the whole time it’s in place and if as suggested it’s around £2bn it would see a yield of at least 5% a year even if invested cautiously. That’s £100m in interest each year for a 23 year old, not bad at all.

The fund may pay an annual sum to KLD so if he takes the natural yield each year he will comfortably be able to cover the costs of the club in league 1 or even the championship.
 
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Smug in Boots said:
It's not a bad theory but, in reality, the amount needed to run the club per annum is probably covered by his interest.



The apparatus for the new regime has been put into place and Louis-Dreyfus could actually be at the club now if he chose. There's nothing the EFL could do if he turned up, sat down in the chairman's office and started issuing press statements.

However its much more professional for things to be totally ratified, which it will be, before that happens.

We've had enough 'wing and a prayer' times with the current clowns, this needs to be done by the book. The club has been a shambles for too long and Louis-Dreyfus seems to realise the entire culture has to change.

It's not just the playing staff, it's the entire club and corners can no longer be cut despite the extra effort that entails.

The wait is frustrating but, if we're ever to shake off the 'holiday camp' atmosphere we have to grit our teeth and make sure everything is done properly. That's the only way we'll attract people with ambition instead of the half-arsed mercenaries we've suffered for too many years.
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Good post as usual and to the point, l couldn't give a monkey's if they sign tomorrow or next month as long as it in the interest of SAFC, and maybe KLD is playing a long game to get this takeover right first and not after it's signed when it's to late.

Sit back, relax and enjoy the ride
 
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COYCS said:
Good post as usual and to the point, l couldn't give a monkey's if they sign tomorrow or next month as long as it in the interest of SAFC, and maybe KLD is playing a long game to get this takeover right first and not after it's signed when it's to late.

Sit back, relax and enjoy the ride
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Cheers mate.

As I've said the interest on his trust fund is way more than adequate to finance this club.

The continual insistence, from some, that he'll need to beg his mam for money etc, is pretty silly tbh.

I really wish, as L1 supporters, we'd accept what a lucky escape we've had and what a wonderful opportunity we have.

This isn't someone like Campbell or Storey, who'd believe their 'charisma' will conquer all ...

... this is a calculating man who'll want systems, structure and proper procedures. He'll have spent a lifetime with advisers and will bring that philosophy here.

Yes Storey would've been a wild ride but I'm much more excited by this tbh.
 
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Smug in Boots said:
Cheers mate.

As I've said the interest on his trust fund is way more than adequate to finance this club.

The continual insistence, from some, that he'll need to beg his mam for money etc, is pretty silly tbh.

I really wish, as L1 supporters, we'd accept what a lucky escape we've had and what a wonderful opportunity we have.

This isn't someone like Campbell or Storey, who'd believe their 'charisma' will conquer all ...

... this is a calculating man who'll want systems, structure and proper procedures. He'll have spent a lifetime with advisers and will bring that philosophy here.

Yes Storey would've been a wild ride but I'm much more excited by this tbh.
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Spot on. I want professional, intelligent people running our club. Not an absent owner, not a couple of PR stuntmen lapping it up on talkSPORT etc.or a bloke that looks like he'd be at home in a bar fight in the Southern U.S.
 
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Smug in Boots said:
Cheers mate.

As I've said the interest on his trust fund is way more than adequate to finance this club.

The continual insistence, from some, that he'll need to beg his mam for money etc, is pretty silly tbh.

I really wish, as L1 supporters, we'd accept what a lucky escape we've had and what a wonderful opportunity we have.

This isn't someone like Campbell or Storey, who'd believe their 'charisma' will conquer all ...

... this is a calculating man who'll want systems, structure and proper procedures. He'll have spent a lifetime with advisers and will bring that philosophy here.

Yes Storey would've been a wild ride but I'm much more excited by this tbh.
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After the frustration of FPP pulling out of buying our club and the feeling of devastation most of us would have felt at the thought of the two clowns in charge causing more problems for us if they stayed in charge, I for one feel we have at long long last fallen on our feet with our new owner.
We have gone from idiots in charge to potential owners with fabulous wealth but no knowledge of football in the form of the Americans.
Now I think we have the best of both worlds, a football fanatic with youth, experience
and vision for the future and the financial clout to make things happen. He may not have the same financial wealth as the Yanks but I am sure we could not have a better chance to succeed than we have now.
Onwards and upwards. KTF
 
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Smug in Boots said:
Cheers mate.

As I've said the interest on his trust fund is way more than adequate to finance this club.

The continual insistence, from some, that he'll need to beg his mam for money etc, is pretty silly tbh.

I really wish, as L1 supporters, we'd accept what a lucky escape we've had and what a wonderful opportunity we have.

This isn't someone like Campbell or Storey, who'd believe their 'charisma' will conquer all ...

... this is a calculating man who'll want systems, structure and proper procedures. He'll have spent a lifetime with advisers and will bring that philosophy here.

Yes Storey would've been a wild ride but I'm much more excited by this tbh.
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I share your optimism for the future and the changes being made are something we haven't seen before at SAFC.
How can supporter's not get excited for the future, my hope is the new people grow with the club and the club grow with them
 
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